Carman-Ainsworth Senior Citizen Organization

Analysis

Carman-Ainsworth Senior Citizen Organization is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Carman-Ainsworth Senior Citizen Organization reported income of $277k and spending of $254k, spending 92% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $274k to $277k (+0.9%), an average of +0.3% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Carman-Ainsworth Senior Citizen Organization sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include Loveone ($277k), Churchill Commons Housing Corporation ($277k) and Childrens Welfare League Inc ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 13% of the total. Other salaries and wages came to $101k. At year end it held assets of $265k against liabilities of $3,768, net assets of $261k. It reported 3 employees.